Industry News

Covenant stock tumbled after its earnings report, but management is defending its strategy.

Truckload carrier Heartland Express returned to profitability in the second quarter, driven by gains from equipment sales.

The automaker is upping its domestic production investments while securing memory supply to shield rising commodity and logistics costs.

Less-than-truckload carrier XPO is seeing the fruits from several initiatives focused on improving freight selection, raising yields and streamlining workflows.

Shares of less-than-truckload carrier Saia fell on Thursday as a weaker-than-expected third-quarter margin outlook overshadowed a second-quarter report that surpassed expectations.